Hello Misael, I would do a thorough market research to verify that you can get the rent increase you want, you might find out that the market is oversaturated with rentals.If you are trying to raise the rent $100/mo, 1 month of vacancy ruins your rent increase for the whole year.I would list the property for lease 45 days before your tenant's lease expires, if you have your property priced right you should get some applicants before your lady moves out.

Both across the country and in different asset classes so that the information is applicable to many people.

You have to save all of your rental income to build up an emergency fund.For me I have a one-page application and we check credit and criminal record.

I was able to find an Accessory Dwelling Application for Howard County (link).

I have another one under remodeling that I plan to do as a short term rental (no experience yet, but this house is next door to my home).I have a dedicated website that I maintain myself where I publish the details, applications etc, also list it on zillow and do the screening through mysmartmove.

If you hold it for 8-10 months you can start the application process and close on or after the 12th month.It makes very little sense to me to fix and flip a property if it cash flows and you have a good enough ARV to pull cash out and repeat the process. 

However, given that the permit is only applicable for the above zones, which basically only cover multifamily/commercial properties, it limits your options substantially. 

I would not let "Anyone" pull your credit or start the DSCR application until your Fico score is 700+ preferably 720 or above.

New permit applications have now dropped.  

When I post an apartment for less than $1000, I get HUNDREDS of applicants within a week.Rent control does nothing to help increase the supply of affordable housing.